Do you know about the countries that export the most sugar in the world? If you don’t, we would like to tell you about these countries today. Insider Monkey has created a list of ten countries that export the most sugar in the world that we would like to share with you. Let’s take a look at Insider Monkey’s article to find out about these countries.
Taste the sweetness of agricultural trade as we provide you information about 10 countries that export the most sugar in the world. Sugar is not only one of the most important ingredients of our food intake but plays a vital role in the economy due to its diverse usability. Internationally, sugar exports totaled $26.5 billion (54.15 million metric ton) during 2014 where Latin America and Caribbean countries accounted about half of the exports. Sugar plays an important role in their overall economic development.
However, for last few years, the world’s most popular sweetener’s exports are showing a negative trend. In 2014, sugar exports declined by 16.3% compared with 2013 driven by sharp decline in prices. Sugar export has become economically unviable due to continued pressure on sugar pricing caused by the demand-supply mismatch. To read more, please visit 10 Countries That Export The Most Sugar in the World.